Laos recorded a Government Budget deficit equal to 5.22 percent of the country's Gross Domestic Product in 2020. source: Bank of the Lao PDR
Government Budget in Laos averaged -5.86 percent of GDP from 2000 until 2020, reaching an all time high of -2.80 percent of GDP in 2014 and a record low of -8.90 percent of GDP in 2010. This page provides - Laos Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in Laos is expected to reach -7.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Budget is projected to trend around -8.00 percent of GDP in 2022, according to our econometric models.